Special Mandatory Redemption Trigger definition

Special Mandatory Redemption Trigger means the earliest to occur of the following three events:

Special Mandatory Redemption Trigger has the meaning ascribed to such term in Section 9 of the Notes.

Special Mandatory Redemption Trigger has the meaning set forth in Section 501 hereof;

Examples of Special Mandatory Redemption Trigger in a sentence

• Following the occurrence of the Special Mandatory Redemption Trigger, the Company shall redeem the Securities as a whole, upon notice as provided in Section 3.04 of the Original Indenture, at a redemption price equal to 101% of the principal amount thereof plus accrued and unpaid interest to the Redemption Date.

• Within ten days of the occurrence of the Special Mandatory Redemption Trigger, the Issuer will give notice of the Special Mandatory Redemption to each Holder of the Notes and to the Trustee, stating, among other matters prescribed in the Indenture, that a Special Mandatory Redemption Trigger has occurred and that all of the Notes will be redeemed on the redemption date set forth in such notice (which will be no earlier than 15 days and no later than 30 days from the date such notice is given).

• Notice of redemption will be mailed at least 30 days but not more than 60 days (except as otherwise provided in the Indenture if the notice is issued in connection with a Special Mandatory Redemption Trigger Event, Legal Defeasance, Covenant Defeasance or Discharge) before the redemption date to each Holder whose Notes are to be redeemed at its registered address.

• The Trustee shall not be charged with knowledge of, or responsible for monitoring, whether a Special Mandatory Redemption Trigger Date has occurred.

• In the event that the Company becomes obligated to redeem the Notes pursuant to the foregoing paragraph, it shall promptly, and in any event not more than five (5) Business Days after the Special Mandatory Redemption Trigger Date, deliver notice to the Trustee of the Special Mandatory Redemption and the Special Mandatory Redemption Date (which date shall be no later than the Special Mandatory Redemption End Date).

More Definitions of Special Mandatory Redemption Trigger

Special Mandatory Redemption Trigger has the meaning provided in Section 3.1(a) hereof.

Special Mandatory Redemption Trigger means the first to occur of either (i) February 24, 2018 (or such later date to which the Extended Outside Date (as defined in the Purchase Agreement) is extended by agreement of the parties to the Purchase Agreement) (the “Redemption Trigger Date”) if the Acquisition is not consummated on or prior to such date, or (ii) the date on which the Purchase Agreement is terminated.

Special Mandatory Redemption Trigger means the first to occur of either (i) September 23, 2017, if the acquisition (the “Acquisition”) of Cheddar’s Restaurant Holding Corp. (“Cheddar’s”) pursuant to an Agreement and Plan of Merger (the “Merger Agreement”) dated March 27, 2017 by and among the Company, Continental Merger Sub, Inc., Cheddar’s and Shareholder Representative Services LLC, is not consummated on or prior to such date, or (ii) the date on which the Merger Agreement is terminated.

Special Mandatory Redemption Trigger has the meaning set forth in Section 1.05(a).

Special Mandatory Redemption Trigger shall have the meaning set forth in Section 2.06.

Special Mandatory Redemption Trigger has the meaning set forth in Section 7.01(a).

Special Mandatory Redemption Trigger means the earlier to occur of: